The chairman of Barclays does not yet have the confidence of the Parliamentary
Banking Commission, the chairman of the panel suggested today, on a day when
the bank set aside another billion pounds for the mis-selling of payment
protection insurance and other products.

Andrew Tyrie refused an invitation by Sir David Walker to endorse his
judgment, in a bruising and tetchy session with the bank’s top executives,
which underlines the challenge they face in overhauling Barclays’ corporate
reputation.

At the end of the two-and-a-half-hour session, there was an awkward exchange
between Mr Tyrie, the chairman of the commission, and Sir